22.03.2018
Futures trading for beginners
iMoningStar - Indicator for MetaTrader 4
TypeIndicators
PlatformMT4
Version10
Date created 8 April 2015
Date updated 1 August 2017
Formatmq4
Size3.2Kb
Downloads100
Rating
The indicator searches for "Evening Star" or "Morning Star" candle combinations and marks them on the chart. Stars are the reversal patterns of candlestick analysis. An emergence of the "morning star" indicates a bullish reversal, and the "evening star" precedes a change in the market moves towards a bearish trend.
In the indicator settings, you can change the maximum and minimum size of the previous bar as well as the gap’s size and the body of the star in relation to the previous candle.
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